PetroQuest Energy Inc. ( PQ ) was a big mover last session with shares rising nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month's volatile price range of $5.44 to $6.05.
This independent oil and gas company has seen a mixed track record when it comes to estimate revisions of 4 increases and 3 decreases over the last 30 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.
PetroQuest currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the broader oil and gas sector may consider well-placed stocks like Athlon Energy Inc. ( ATHL ), Rex Energy Corp. ( REXX ) and Clayton Williams Energy, Inc. ( CWEI ). All three stocks sport a Zacks Rank #1 (Strong Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportATHLON ENERGY (ATHL): Free Stock Analysis ReportWILLIAMS(C)ENGY (CWEI): Free Stock Analysis ReportPETROQUEST ENGY (PQ): Free Stock Analysis ReportREX ENERGY CORP (REXX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research